Form 10-Q MICROSOFT CORP For: Sep 30

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Microsoft's (MSFT) Price Target Raised to $60 at Deutsche Bank

October 23, 2015 8:53 AM EDT

Deutsche Bank maintained a Buy rating on Microsoft (NASDAQ: MSFT) and raised its price target to $60.00 (from $55.00). The change follows strong Q1 results.

Analyst Karl Keirstead said, "While investors were ready for a mixed MSFT print given the weak results/guide last quarter, a mixed PC/enterprise spending backdrop and bad results from some peers, MSFT bucked... More